Ricky and Lucy are corporate leaders in the early 1960s, planning very healthy and diligently for retirement in several years. Their main concerns are the cost and availability of long -term care (LTC). They have studied the issue, including LTC's limited benefit from Medicare, and concluded that while they could secure themselves, they would rather acquire a dedicated source of funds for LTC. If nothing else, having such a dedicated resource would eliminate mental accounting for the LTC expenses they have already begun. But which type of LTC coverage is best for them? They have asked their agent, Fred, to discuss their LTC insurance options.

Construction of presentation

While he could easily magnify ltc coverage as required, Fred will not …